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flag Verisk launches Commercial Rebuild tool to help U.K. insurers quickly and accurately estimate property rebuild costs using address data.

flag Verisk has launched Commercial Rebuild, a new tool for U.K. insurers, brokers, and MGAs to quickly estimate rebuild costs for small to mid-market commercial properties using just an address or UPRN. flag The solution leverages Verisk’s property data and updated cost models to deliver accurate, automated assessments without on-site visits. flag Accessible via API, web portal, or batch processing, it aims to reduce underinsurance—nearly half of U.K. commercial properties are underinsured—by improving underwriting speed, consistency, and accuracy while lowering costs.

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